Releases - Höganäs

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2004

 

Found press releases

 

CLAES LINDQVIST, PRESIDENT AND CEO OF HÖGANÄS FOR OVER 14 YEARS, HAS ANNOUNCED H...

Accordingly, an agreement has been reached for Mr Lindqvist to leave his position coincident with the Annual General Meeting in May 2005.
The Board of Directors Höganäs, Sweden 26 November 2004

INTERIM REPORT JANUARY – SEPTEMBER 2004

Highlights Q 3 Net sales MSEK 977 +9% Income after tax MSEK 89 +41% Earnings per share SEK 2.60 (1.80) Income before tax MSEK 125 +32% Operating margin 13.6% (11.6) Q 1-3 Net sales MSEK 3 110 +11% Income after tax MSEK 322 +25% Earnings per share SEK 9.40 (7.50) Income before tax MSEK 454 +25% Operating margin 15.5% (14.0) Equity/assets ratio 45% (40)

INTERIM REPORT JANUARY–JUNE 2004

Highlights Q 2 Net sales MSEK 1 091 +17% Income after tax MSEK 125 +24% Earnings per share SEK 3.60 (3.00) Income before tax MSEK 176 +28% Operating margin 17.0% (16.0) Equity/assets ratio 42% (38) Q 1-2 Net sales MSEK 2 133 +11% Income after tax MSEK 233 +19% Earnings per share SEK 6.80 (5.70) Income before tax MSEK 329 +22% Operating margin 16.3% (15.1) Equity/assets ratio 42% (38) SCM’s...

HÖGANÄS SELLS COPPER POWDER OPERATIONS IN THE U.S.

Höganäs AB announced today that one of its North American subsidiaries had completed the sale of its copper powder operations in a cash transaction totalling about MUSD 41 (about MSEK 310). The sale involves part of the assets of the former SCM Metal Products, Inc., a company acquired by Höganäs early last year. The purchaser was a subsidiary of the Gibraltar Group of Buffalo, New York.

INAUGURATION OF THE ASTALOY PLANT

On the same day as the Annual General Meeting, 6 May 2004, the extension of the Astaloy Plant was inaugurated, an investment amounting to about MSEK 150.
Astaloys are prealloyed powders having had a strong growth during the last few years. The powders are used for manufacturing of components with high demands on mechanical performances. Höganäs 6 May 2004 Claes Lindqvist President and CEO

ANNUAL GENERAL MEETING

The Annual General Meeting of Höganäs AB (publ) was held on Thursday 6 May 2004 in the HB Hall in Höganäs.
Pursuant to the Board’s proposal the Meeting approved a dividend of SEK 5.00 per share with 11 May 2004 as the date of record. (For complete document see attached file)

INTERIM REPORT JAN-MARCH 2004

* Net sales MSEK 1 042 +6% * Income after tax MSEK 108 +15% * Earnings per share SEK 3.20 (2.70) * Income before tax MSEK 153 +17% * Operating margin 15.5% (14.2) * Equity/assets ratio 42% (38)
(For complete interim report see attached file)

PROPOSAL FOR ELECTION OF BOARD OF DIRECTORS OF HÖGANÄS AB

The Nomination Committee appointed in advance of the 2004 Annual General Meeting of Höganäs AB, consisting of Ulf G Lindén (Chairman of Lindéngruppen AB), Tomas Nicolin of the Third National Pension Fund, Peter Rudman of Nordea’s Funds and Henrik Didner of Didner & Gerge Funds, has decided to recommend that this year’s Annual General Meeting elect Jenny Lindén Urnes as a new AGM-elected full member of the Board of...

HÖGANÄS TO BE IN TALKS ABOUT SCM'S COPPER BUSINESS

Early 2003, Höganäs acquired SCM Metal Products, Inc., a leading producer of specialty powders. With manufacturing facilities at Johnstown, Pennsylvania and at Research Triangle Park, North Carolina, SCM has a strong market position in both iron-based products and copper-based products. In the past year, the results from both operations have been excellent.
Höganäs has determined that its long-term strategic...

YEAR END REPORT 2003

* Net sales MSEK 3,750 +15% * Income after tax MSEK 355 +6% * Earnings per share SEK 10.40 (9.70) * Income before tax MSEK 514 +12% * Operating margin 14.6% (15.5) * Equity/assets ratio 42% (44) * Proposed dividend, SEK/share 5.00 (5.00)
(For complete year end report see attached file)

Höganäs


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